Family talk about money # 6

I’m Miriam  Neff-with Wise Women Managing Money, and I’m Valerie Neff Hogan, and we’re here to talk about money

M We’ve been focusing on transferring money and values to next generations.  See our past feature at wisewomenmanagingmoney.com.

Today, I’m reminded that a plan I create is better than no plan.

V Having that conversation with adult children, even grandchildren, you might be surprised that they have already identified your values, simply by watching you.  Generosity matters in our family, as does education, and travel.  What are our expectations of the next generation?  Their values may be different.  Decide what you will direct and where.  Recognize that by giving, or them inheriting money, they will chose where to spend, invest, or give.

M  My prayer is that we recognize, its all God’s entrusted to us.  I share that truth with family.

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